Sandra, Yonatan, Miyaxo, ESG Team
Blue Skies
Awash Wine
Beloxxi Industries
Awash Wine
Our responsibility is to deliver improved environmental, social and governance (ESG) outcomes in the creation of market leading African companies. We do this by working closely with our portfolio companies and their stakeholders to create value through implementing sustainable business practices.
From the time of investing, we work with our portfolio companies to set expectations and agree ESG action plans. The journey from identifying and managing risks to value creation is a shared exercise we undertake with our portfolio companies.
E Environmental
Environmental performance improvements are a critical area of early value creation and risk management. These improvements deliver significant operational efficiencies and reduce exposure to regulatory and operational risks.
S Social
Social improvements encompass a wide range of activities, from good working conditions and better health and safety for employees, through to ensuring local communities are appropriately integrated and benefit from the growth of the company.
G Governance
Governance activities centre upon improving decision-making frameworks and control processes at all levels, including effective Board and Committee structures, to enhance transparency, decision-making and accountability.
8 Miles Code
The 8 Miles Code for Responsible Investment (“8 Miles Code”) explains how we embed ESG considerations at the heart of our investment decision, and our value creation approach post-investment. 8 Miles’ Social and Environmental Management System (SEMS) sets out measures for monitoring, responsibilities and governance to ensure effective implementation. The 8 Miles Code requires consideration and legally binding implementation measures to improve ESG outcomes throughout the lifetime of the investment, with mandatory Post Completion Action Plans (PCAPs).
All Portfolio Companies are bound by shareholder and subscription agreement (SSA) commitments. We recognize the value of the IFC’s Policy on Environmental and Social Sustainability, and specifically the IFC’s Performance Standards, to communicate our focus on outcomes and as a framework for assessing and managing risk management.